Wyoming Governor Backs Away From State’s Failed Bitcoin Reserve Push

Quick Summary:

Gordon said Wednesday Wyoming should focus on practical crypto initiatives like its stablecoin, set to launch this summer.

To that effect, Gordon doubled down Wednesday on his commitment to launching a state-backed stablecoin in Wyoming.

And yet, in recent weeks, numerous deep-red states have soundly rejected proposals to establish state-level Bitcoin reserves.

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Article Details

Author / Journalist: Sander Lutz

Category: Crypto

Markets: Estonia

Topics: Governor Mark Gordon Law Regulations Coins Stablecoins Wyoming

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-27 @ 00:26:07 (5 days ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 535 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 27361655

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 7 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 14 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #63

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